Price Forbes Re, a unit of Ardonagh Specialty Ltd., has appointed Sherman Power as executive vice president of alternative risk and capital solutions, a newly created role. Power, previously with Aon PLC, will collaborate with the treaty reinsurance team to facilitate growth capital and reserve covers, according to a statement released Monday.
Based in Dallas, Power will report to Pat Rastiello, CEO of Price Forbes Re, North America. His experience at Aon Re includes leading the U.S. structured solutions team and serving as global head of innovation, capital advisory.
